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Oct. 13 (Bloomberg) -- President George W. Bush said the U.S. and other governments will continue to take ``decisive action'' to restore stability to the world's financial systems.
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White House scrambles to get rescue plan moving - Forbes
With world financial markets on a stomach-churning ride, the Bush administration is scrambling to get a $700 billion rescue effort for the banking system up and running. It's a daunting task, putting together what will be one of the world's largest ...
European, Asian markets bounce bank as governments act to shore up ... - Minneapolis Star Tribune
US moves to get $700B bank rescue effort started World stocks rally strongly Administration says it is consulting with private law firms on way to buy stakes in banks World markets surge amid global efforts to rescue finance system Columnist Paul ...
Markets stampede lower; global finance chiefs meet - Seattle Post Intelligencer
Stock markets plummeted still lower on Wall Street and around the world Friday despite all efforts to slow the selling stampede. The globe's industrial powers urgently debated even more forceful actions to prevent a worldwide economic catastrophe. In ...
US to buy ownership stake in a broad array of banks for the first time ... - Chicago Tribune
WASHINGTON (AP) _ The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted ...
Public Bank Bailouts Boost World Markets - WWJ Newsradio 950
Many of the world's biggest stock markets rallied Monday after last week's historic sell-off as governments in Europe and beyond intensified efforts to stabilize the world's troubled financial system. In London, as British Prime Minister Gordon Brown ...
Calm turns to rout on Wall Street; Dow closes below 9,000 for first ... - Newsday
WASHINGTON (AP) _ Calm gave way to fear in financial markets Thursday, turning a relatively steady day into a rout that pushed the Dow Jones industrials below 9,000 for the first time in five years. Investors, who had begun the day somewhat ...
World Stocks Bounce Back - The Ledger
LONDON | European markets opened strongly Monday following Asia's lead in response to the widespread government efforts over the weekend to shore up the world's troubled financial system. Related Links: Governments Scramble to Polish Bailout Packages ...
Paulson says US planning to buy financial equity - Forbes
WASHINGTON (Reuters) - The United States is developing plans to buy equity stakes in financial institutions, providing another weapon in its war against financial market turmoil, U.S. Treasury Secretary Henry Paulson said on Friday. Providing the ...
European, Asian markets bounce back - Yahoo News
LONDON - European markets opened strongly Monday following Asia's lead in response to the widespread government efforts over the weekend to shore up the world's troubled financial system. Germany's DAX was 299.86 points, or 6.6 percent, higher at 4 ...
Oct 10, 4:31 PM EDT - Associated Press
Stock markets jolted still lower in the U.S. and around the world Friday despite all efforts to slow the selling stampede, and the globe's industrial powers urgently debated forceful new steps in Washington to prevent a worldwide economic catastrophe ...
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